NOT LISTED FOR SALE

Estimated Value: $263,552 - $377,000

1 Bed
1 Bath
1,168 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $230,000 $197 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,763/month

82 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Cul-De-Sac
  • 2.56 Acre Lot
  • Covered Patio or Porch
  • Fireplace

About This Home

As of January 2019

Once in a lifetime opportunity to own this unique 1930's rock home on 2.56 acres! This historic home must have been built by a master mason! Family room could be turned in to a second bedroom. Every room has a rock fireplace, one has a forced gas heater insert. Gorgeous old wood flooring has been refinished; There is tile in the kitchen and bathroom. Spacious covered patio; Pretty fenced yard! Recent upgrades: Interior paint, Corian kitchen counters, reverse osmosis and stackable washer/dryer. Horse facilities include large metal enclosure/ stalls w/ feeders and metal shade structure. 2 horses per acre/ please verify. Lots of level land and gorgeous Mountain views! NO DRIVE BY'S PLEASE! Has been used as a successful vacation rental! For more info on income from vacation rental click on:
TAXES LISTED AS 1000, exact tax amount to come ASAP. 2 parcels were combined, so TAX AMOUNT IS APPROXIMATE.

From Seller: "$95-135 per night sliding scale + $10 per extra person
114 nights in 2017 (listed in April), so 50% occupancy rate for 2017. My guess is the occupancy rate increased in 2018: we made approx. $9000 in 2017 (April-Jan)) and $11,000 in 2018 (Jan-Oct), for a total of $19,800 in 17 months of AirBnb.
I've attached the 2017 report. I wasn't able to find occupancy rate for 2018.
It is building a clientele: many of our guests want to stay again, see reviews."

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 10/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1930

Lot Details

  • 2.56 Acre Lot
  • Cul-De-Sac

Home Design

  • Composition Roof

Interior Spaces

  • 1,168 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Shared Well
  • Septic Tank

Community Details

  • L Montezuma 1 2 Subdivision

Listing and Financial Details

  • Tax Lot M&B
  • Assessor Parcel Number 40525740p

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1930
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.56
  • Subdivision Name: L Montezuma 1 - 2
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 1168.0
  • Window Features: Dual Pane
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Exterior Features: Other
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition, Other
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Other6: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Other, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Horse Amenities: Corral(s)
  • Land Lease: No
  • Lot Size Sq Ft: 111514.0
  • Parcel #: 40525740p

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Lot: M&B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 31, 2018
Sold by
Ontiveros Maria Lourdes and Serreyn Joseph
Bought by
Serreyn Joseph E
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$238,000
Sold Price
$230,000
Premium/Discount to List
-$8,000
-3.36%
Current Estimated Value
$324,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,654
Avg. Annual Appreciation
4.75%
Original Mortgage
$218,500
Outstanding Balance
$192,878
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$123,260
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Serreyn Joseph E -- Pioneer Title Agency
Serreyn Joseph E $230,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serreyn Joseph E $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2019 01/08/19 Sold $230,000 -3.4% $197 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $238,000 -- $204 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $654 $17,903 -- --
2024 $666 $18,511 -- --
2023 $631 $15,833 $2,191 $13,642
2022 $666 $12,194 $1,302 $10,892
2021 $639 $11,606 $1,572 $10,034
2020 $622 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 517781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-740J